How do businesses profit from debit cards?

Answer Among the various forms of payments available to consumers, debit cards are considered most convenient. According to, the U.S. government's official business link, card payments are al... Read More »

Top Q&A For: How do businesses profit from debit cards

How Do Debit Cards Make a Profit?

A debit card is a form of "credit card" that uses a pin number for security identification instead of a signature and directly accesses a user's bank account instead of a line of credit, as a tradi... Read More »

Is there a new compliance rule for small businesses accepting debit cards?

According to the Pillsbury Law Website, the Federal Trade Commission (FTC) implemented a new law on identity theft "red flags," being enforced on June 1, 2010. The Red Flag Rule could harm many sma... Read More »

Are online transactions safe using credit cards or debit cards?

On One Hand: Credit Card Fraud is Possible OnlineInternet credit card fraud is a prevalent problem. Security can be compromised, leaving personal information attainable to those who seek it. Phishi... Read More »

Does Walmart carry prepaid credit cards or debit cards?

Walmart does carry a prepaid debit card, known as the Walmart MoneyCard. The card carries the Visa logo and may be used wherever Visa cards are accepted, including for online transactions. The Mone... Read More »